Tag: 420Intel

5 Positive Trends For the Cannabis Industry

As a venture capital investor, I’ll confess we’ve seen our fair share of unexpected triggers that cause a company to turn into a sales rocket ship. But the past few weeks have been unprecedented. In a bizarre turn of events across the country, as lockdowns and uncertainty spread alongside COVID-19, as businesses shuttered and stock markets panicked, one industry is booming—cannabis. …

Pot delivery coming to Ontario during COVID-19 pandemic

Weed on wheels is coming to Ontario – the legal kind anyway. Days after shutting down legal cannabis retailers as “non-essential” workplaces, the Ford government announced late Tuesday it will allow curbside pickup options and delivery. Attorney General Doug Downie brought the issue to cabinet on Tuesday afternoon seeking an order to allow the retailers to still serve customers from…

2 Marijuana Stocks To Watch In April

Risk is something that is quite common in the cannabis industry. Whether investing in the short or the long term, cannabis stock investors usually encounter risk on a daily basis. Because of this, it can be a great tool to develop a strategy to stick with no matter what happens in the industry. Currently, marijuana stocks are taking a huge…

What Can You Expect from Marijuana Stocks in April?

Marijuana stocks were on a rollercoaster ride in March. After struggling in 2019, the marijuana sector didn’t start 2020 on a good note either. The Horizons Marijuana Life Sciences ETF (TSE:HMMJ) tracks the North American cannabis industry. HMMJ fell by 18.8% in March. Overall, the month didn’t start off well for the cannabis sector even before the coronavirus pandemic hit.…

Cannabis bankruptcies start to roll in as pandemic halts financing

The cannabis bankruptcy filings are starting to roll in. Already plagued by a tough regulatory environment, disappointing sales and capital markets that had closed to all but the strongest companies, the industry is now facing a pandemic-related collapse in stock markets and ever-shrinking financing options. Pot companies completed two capital raises worth just US$5.6 million the week ended March 27,…

No, cannabis isn’t recession proof, analyst says

Cannabis investors will learn the hard way that weed isn’t recession proof, and pot stocks will continue to fall in 2020 despite a modest March rally, says one analyst. After a COVID-19-related sales bump helped push cannabis stocks higher last month, a round of disappointing earnings from Canadian players cut into those gains this week. But Jerome Hass, portfolio manager…

6 Ways Cannabis Packaging Can Drive Brand Recognition and Sustainability

The cannabis industry has an undeniable packaging problem, and the packaging companies that serve both retailers as well as growers are jumping in headfirst to help green up the segment. We touched base with STO Responsible, a cannabis packaging company in Denver, CO, to discuss how they are helping growers and distributors overcome the tendency to swath legal cannabis products…